Trump Calls Saudi Arabia a Major Non-NATO Ally in Boost to MBS

President Donald Trump said he would formally designate Saudi Arabia as a major non-NATO ally in a further strengthening of ties between the two countries, capping a day of dealmaking between the US leader and the kingdom’s Crown Prince Mohammed bin Salman.

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China Asks Banks to Pause New Loans to US-Sanctioned Refiner

China’s financial regulator advised the country’s largest banks to temporarily suspend new loans to five …